AnythingIT Signs Memorandum of Understanding (MOU) for US Government Agency 2 Year SubContract Extension
October 29 2014 - 9:10AM
Access Wire
Fair Lawn, NJ. / ACCESSWIRE / October 29, 2014
/ AnythingIT (OTCBB: ANYI), announced today the company has signed
a Memorandum of Understanding for a 2 year subcontract extension to
provide a US Government Agency asset data destruction and
fulfillment services on approximately 15,000 mobile products.
The term of the extended contract will begin on January 1,
2015 and is expected to generate revenues of $500,000 to $1,000,000
over the life of the extension.
The contracted award is an extension from an original contract
AnythingIT was awarded in 2009.
"As we enter our 22nd year of business we continue to work
towards achieving best practices in data security and management of
legacy IT equipment. This contract extension demonstrates our
ongoing commitment as one of the most experienced organizations in
both protecting our customers and providing the highest returns on
legacy equipment." Stated David Bernstein, CEO AnythingIT
Inc.
About AnythingIT
AnythingIT is a leading IT recycler serving OEM's, Resellers,
government and enterprise clients. Services provided include:
data scrubbing, shredding, inventorying, and resale.
Incorporated in 1992 the company is also a GSA Schedule Holder who
has achieved E-Stewards, ISO 9001& 14001 certifications.
Safe Harbor Statement
This press release contains forward-looking statements that can
be identified by terminology such as "believes," "expects,"
"potential," "plans," "suggests," "may," "should," "could,"
"intends," or similar expressions. Many forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results to be materially different from any
future results or implied by such statements. These factors
include, but are not limited to, our ability to comply with the
terms of our customer agreement and the requirements of our
customers, among other risks. AnythingIT Inc.’s future results may
also be impacted by other risk factors listed from time to time in
its SEC filings. Many factors are difficult to predict accurately
and are generally beyond the company's control. Forward-looking
statements speak only as to the date they are made and AnythingIT,
Inc. does not undertake to update forward-looking statements to
reflect circumstances or events that occur after the date the
forward-looking statements are made.
For information, please contact:
David Bernstein
AnythingIT, Inc.
201-475-7301
daveb@anythingit.com
SOURCE: AnythingIT, Inc.
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